Police Officers Retirement System Investment Manager Replacement
Summary
The retirement board reviewed performance data and heard presentations from two investment firms before voting to replace Brandywine Global with DePrince, Reis & Zolo. The change aims to improve long-term returns and secure lower management fees for the police pension fund.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed May 13, 2026.
Impact analysis
Involves managing a multi-million dollar equity portfolio and optimizing management fees around 45 to 48 basis points.
Retired and active police officers relying on the pension fund's long-term investment growth.
None
Mentions & discussions (2)
Police Officers Retirement System - May 13, 2026
The retirement board reviewed performance data and heard presentations from two investment firms before voting to replace Brandywine Global with DePrince, Reis & Zolo. The change aims to improve long-term returns and secure lower management fees for the police pension fund.
Police Officers Retirement System - Feb 11, 2026
The fund actuary reported that the city and state required contribution rate will slightly decrease to 34.26% of payroll for next year, driven partly by new officer hires. The fund total value reached $117.4 million at the close of 2025.
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